My Freightworld Technologies Inc (MYFT)

[leverage102]

Could MYFT be the next ECHO, which trades at $12

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Special Alert - MYFT


My new report is MYFT

Quickly turn your attention to MYFT, MYFT has been slowly trending up since the beginning of the year and now could breakout to a new level. I'm really excited about MYFT after reading their CEO and Shareholder Call information.

MYFT's non-contracted revenues grew 225% in the third quarter of 2010 as compared to the 3rd quarter of 2009 and were up 119% year to date in 2010 over the same period in 2009.

Take a look at ECHO. This is a relatively close competitor to MYFT and is trading at over $12 a share!

One of the biggest industries in the U.S. is the transportation industry. It's actually the second largest industry in the United States and accounts for 10% of the total GNP!

Without logistics it would be very hard for us to have food in the markets or packages delivered to our doors.

MYFT is a business services firm that specializes in providing technology, transportation and supply chain management services to third party logistics managers (3PLs) and transportation intermediaries (TIs), primarily in the United States.

Leveraging its proprietary Web-based so" ware platform, MYFT enables 3PLs and TIs to quickly determine shipping alternatives from a network of thousands of transportation providers!

This could be a golden time for MYFT and their services.

The growth potential of the 3PL industry right now could mean big things for MYFT.

Transportation is a $700 Billion industry and is highly fragmented and ripe for consolidation as small to mid-sized third-party logistics companies (3PLs) seek to recover losses sustained in 2009.

According to Armstrong & Associates, 3PLs generated around $127 Billion in 2008, representing a compound annual growth rate of 12% since 1996. While in 2009, the economic crisis created a dip in 3PL business by 16% to $107.1Billion, 2010 is showing double digit improvements.

About 20,000 transportation brokerage licenses have been issued by the Interstate Commerce Commission, and 35 more are added each month!

MYFT currently has more than 20,000 users of their MyFreightWorld system around the country and throughout the globe accessing their system through private labeling.

The Company's customers, many of whom are private-labeled, blue chip companies, manage billions of dollars in freight revenue, and include thousands of end users!

MYFT announced just last month that the Company was awarded a contract from Schneider National to provide its suite of enterprise transportation execution and Web-based logistics management tools.

This news is pretty significant considering that Schneider National is a $3.7 billion company with over 21,000 employees!

Schneider National serves more than two-thirds of the FORTUNE 500 companies!

MYFT's vision is to realize shareholder value and wealth through monetization of its projects and potential discoveries through partnerships with significant players with ready capital and production expertise.

MYFT has a very experienced CEO. There is no telling the great things he may be able to do for the Company considering his past experience.

MYFT's CEO J. Michael Head, is the former founder, CFO and CEO of the nationwide trucking company, MNX, Inc.

In 1985, Head directed MNX?s IPO, a secondary offering in 1987, and engineered the start up of Mark VII, Inc., a subsidiary of MNX, Inc., in 1989. In 1990, he was named president of MNX Holding Company.

During his tenure, he lead the growth of Mark VII from start up to $250 million in 1992. In 1992, MNX?s trucking division was sold to Swi" Motor Carriers, one of the largest truckload operations in North America!

As a new public company under the name Mark VII, Head created one of the nation?s largest logistics management companies with revenues in excess of $750 million!!




Start your research on MYFT quickly at: www.myfreightworld.com

Please do your due diligence and consult with a financial professional.


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